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Jul 25, 2013
07/13
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plus defense is about a80% of o our sales. >> ways just going to say, defense is not really your primary business any more. >> i can't speak for everybody else but for us u.s. defense is only about 8% of our sales. with all of the acquisitions i've done, almost nothing is done in that segment. it is too iffy over time and i don't want it bet our company's future offer that kind of market. >> so where is your growth? >> from around the world. ? >> in terms of industry. >> oil and gas has been tremendous. we started really doing a much bigger job with oil and gas starting in '04, '05. i just felt good about that and energy efficiency so we started investing in both of those. i with say both of those trends paid off for us pretty well. aerospace in general is also good on the commercial side. >> energy seems to be a game changer for the u.s. economy. when you look at where oil is now, a hundred dollars a barrel, $106 a barrel recently, is that sustainable. do you think that's warranted where it? given the fact that everybody is talking about the u.s. becoming an energy exporter at some poin
plus defense is about a80% of o our sales. >> ways just going to say, defense is not really your primary business any more. >> i can't speak for everybody else but for us u.s. defense is only about 8% of our sales. with all of the acquisitions i've done, almost nothing is done in that segment. it is too iffy over time and i don't want it bet our company's future offer that kind of market. >> so where is your growth? >> from around the world. ? >> in terms of...
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Jul 25, 2013
07/13
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was the jury consultant for the george zimmerman defense team. great to see both of you on the show. and natalie, let me start with you. she said she owes the martin family an apology. i want to get your response to what she said. >> it is hard for me to sleep. hard for me to eat. i feel that i was forcefully included in trayvon martin's death. and i carry him on my back, i'm hurting as much as trayvon martin's mom is. there's no way that any mother should feel that pain. >> what's your reaction? >> well, my reaction is that i feel for her. i do. and i know that she issued an apology to sybrina fulton and i think that's between her and sybrina to talk about, really. i have not spoken to sybrina about that. but you know, it's her decision and she has to live with that. >> barbara, let me tell you what we know that this juror. i want to emphasize, she did choose to show her face but she is going by mady, not giving her full name. she is worried about possible retribution. we know she is 36 years old. she describes herself as puerto rican. she has o
was the jury consultant for the george zimmerman defense team. great to see both of you on the show. and natalie, let me start with you. she said she owes the martin family an apology. i want to get your response to what she said. >> it is hard for me to sleep. hard for me to eat. i feel that i was forcefully included in trayvon martin's death. and i carry him on my back, i'm hurting as much as trayvon martin's mom is. there's no way that any mother should feel that pain. >> what's...
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Jul 25, 2013
07/13
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but you also talk about in your report that you are ready to play offense, you are not playing defense anymore. what happens to your bottom line if some of the numbers switch to positive in. >> our earnings will take off improving economy will have a dramatic impact on our company. manufacturing, from the industrial standpoint, it's struggling at this point and it has been since third quarter of last year and it continues to try to struggle to rebound, but that primary side of things is having an impact on us, and that is driven by the world market and everything else. >> one of the things that i happen to like, but there's a huge glut in alluminum, at this levels, there's a glut in steel, and there's a glut in anything that you need for raw stuff to build. your area seems to be much more important to commercial construction than i thought. >> there's a significant piece, we are a third industrial manufacturing, a third commercial and a third residential in an 11 state footprint and the key thing to consider though from a financial standpoint, the margins in the industrial sector for o
but you also talk about in your report that you are ready to play offense, you are not playing defense anymore. what happens to your bottom line if some of the numbers switch to positive in. >> our earnings will take off improving economy will have a dramatic impact on our company. manufacturing, from the industrial standpoint, it's struggling at this point and it has been since third quarter of last year and it continues to try to struggle to rebound, but that primary side of things is...
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show to discuss his new bill bradley manning trial inches closer to its end today the prosecution and defense make their final arguments after the judge refused to dismiss the best charges against manning an update on this case. and it's thursday so you know it's time for the tax records with the growth of social media there's also a booming industry for data it's an industry that's working to figure out how we think and how they can market to us we'll discuss that later in today show. it's thursday july twenty fifth in washington d.c. i'm maggie lopez and you are watching r.t. well earlier this week we told you about new jersey congressman rush holt crafting a new legislation that would get rid of the patriot act as well as the two thousand and eight foreign intelligence surveillance amendment today he introduced that bill to the house h.r. two eight one eight otherwise known as the surveillance state repeal act here's an outline of a few things that this bill does go through kills the patriot and amendment x. it prohibits the government from mandating that electronic devices or other softwa
show to discuss his new bill bradley manning trial inches closer to its end today the prosecution and defense make their final arguments after the judge refused to dismiss the best charges against manning an update on this case. and it's thursday so you know it's time for the tax records with the growth of social media there's also a booming industry for data it's an industry that's working to figure out how we think and how they can market to us we'll discuss that later in today show. it's...
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Jul 25, 2013
07/13
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. >>> defense stocks in market focus tonight. despite the sequester and military wind down in afghanistan, defense firms are setting new highs. estimates thanks to better margins the and company raced the four-year forecast. shares touched a new all-time high before closing at 90.30, up 2%. boeing also hit a new high as the commercial plane revenue jumped 15%. profits up 15%, more than the expected and boeing raised it full year guidance. shares dropped after that high, down less than 1% to $106.95. >>> another new high more than two years for ford motor reporting a 15% jump on revenues on ford f-150 pickups. ford put polish on the full year outlook, as well. investors bought the news on volume as ford gained 2.5%. it closed at $17.37. ford, by the way, up more than 90% in a year. >>> the other way, caterpillar dragged down the dow as profits dropped 43%. jim chanos the noted short seller told a conference last week this cat may not have nine lives. >> we are short caterpillar ink. iconic american company, leader in the class but
. >>> defense stocks in market focus tonight. despite the sequester and military wind down in afghanistan, defense firms are setting new highs. estimates thanks to better margins the and company raced the four-year forecast. shares touched a new all-time high before closing at 90.30, up 2%. boeing also hit a new high as the commercial plane revenue jumped 15%. profits up 15%, more than the expected and boeing raised it full year guidance. shares dropped after that high, down less than...
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Jul 25, 2013
07/13
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so i don't see a defense in either the washington action or in the new york action that's really going to hold weight right now. david: guy, neither one of you do. harvey pitt, seth, thanks very much. we appreciate it. liz? liz: david, from plumbers to doctors it is a one-stop shop giving you inside scoop on local offices and quality. how do they handle competition if a online behemoth become as competitor? angie's list ceo gives us a plan. look at rapidly growing review site but the stock is up 100% year-to-date? how will the company turn a profit. >>> google launch as new device that brings video straight from the computer or smartphone to your tv. david: wow. liz: we have details how that works. you have to stay tuned. that is just ahead. >> i'm ashley webster with your fox business brief. expedia is the biggest loser after-hours following disappointing second quarter results. earnings for the online travel company falling 15 cents short of the estimate at 64 cents a share. revenue also coming in slightly lower than expected at $1.2 billion. >>> parents are having to open their wall
so i don't see a defense in either the washington action or in the new york action that's really going to hold weight right now. david: guy, neither one of you do. harvey pitt, seth, thanks very much. we appreciate it. liz? liz: david, from plumbers to doctors it is a one-stop shop giving you inside scoop on local offices and quality. how do they handle competition if a online behemoth become as competitor? angie's list ceo gives us a plan. look at rapidly growing review site but the stock is...
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Jul 25, 2013
07/13
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i tell you, they have a good defense. liz: you kind of glossed over when i ask you if you smoke into your -- spoken to people inside sac capital. is that a yes and, if so, what can you tell me? >> i can't really go too much into that, but what i can tell you is something that they had a feeling was coming. charlie will tell you that as well. people are not happy about it. liz: are they saying, it will be fine? don't worry? >> i make my own conclusions based upon my evidence. liz: are you going to cover your investors? >> i'm absolutely not. i have to make some calls this afternoon. liz: and you have been busy. ed butowsky. he is a -- look. innocent until proven guilty. we understand. please keep us posted. thank you so much. joining us live from dallas. plenty of market news. we are not ignoring that. facebook scoring big on advertising revenue this quarter boosting its stock. another company shares as well. let's get to nicole. >> reporter: today the story, facebook, you see the stock moving. the highest level since last
i tell you, they have a good defense. liz: you kind of glossed over when i ask you if you smoke into your -- spoken to people inside sac capital. is that a yes and, if so, what can you tell me? >> i can't really go too much into that, but what i can tell you is something that they had a feeling was coming. charlie will tell you that as well. people are not happy about it. liz: are they saying, it will be fine? don't worry? >> i make my own conclusions based upon my evidence. liz:...
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Jul 25, 2013
07/13
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back in cement, a federal jury determined police had not acted in self-defense. a judge later overturned that verdict, but did not dismiss the suit, leading to the recent settlement. >>> san jose's homicide total ticked higher. officials tries to figure out who attacked and killed a woman in her apartment thismorning. ktvu spoke with shocked neighbors about who might be involved. >> reporter: the creek view in, filled mainly with people who have known each other for years. neighbors were stunned, when someone called the san jose fire department, to say one of the residents, a 62-year-old woman, who lived here alone, seemed to be in distress. >> she was laying on floor and they were doing cpr. her stomach was very extended. when they brought her out to the emergency vehicle, they were still doing cpr. >> reporter: they later confirmed, she had been assaulted, but not stabbed. >> we don't have any suspect information. >> reporter: neighbors say they believe they do. the victim had someone staying with her this past week, but had left abruptly. >> this was a person
back in cement, a federal jury determined police had not acted in self-defense. a judge later overturned that verdict, but did not dismiss the suit, leading to the recent settlement. >>> san jose's homicide total ticked higher. officials tries to figure out who attacked and killed a woman in her apartment thismorning. ktvu spoke with shocked neighbors about who might be involved. >> reporter: the creek view in, filled mainly with people who have known each other for years....
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Jul 25, 2013
07/13
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let's get back to that top story, defense charging criminal charges against hedge fund sac capital. they allege substantial, pervasive insider trading. >> that's right, brian, this is the largest indictment of a corporation since the 2002 indictment of arthur andersen that resulted in that accounting firm going out of business. sac capital, when indicted on four criminal charges of securities fraud, one charge of wire fraud and a separate charge of money laundering. preet bharara unveiling and also detailing that indictment over the last hour or so. he basically said sac portfolio managers were hired for having an edge. that edge essentially a euphimism for insider information, having the inside track to be able to trade and pass that information on to the head of the company, its namesake, steven a. cohen. they said -- the company, he says, went from having an edge to over the edge to corporate criminality. cohen himself is not charged individually, but he is named several times as having direct knowledge, and really encouraging the culture at sac, in one case saying he hired a por
let's get back to that top story, defense charging criminal charges against hedge fund sac capital. they allege substantial, pervasive insider trading. >> that's right, brian, this is the largest indictment of a corporation since the 2002 indictment of arthur andersen that resulted in that accounting firm going out of business. sac capital, when indicted on four criminal charges of securities fraud, one charge of wire fraud and a separate charge of money laundering. preet bharara...
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Jul 25, 2013
07/13
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back in cement, a federal jury determined police had not acted in self-defense. a judge later overturned that verdict, but did not dismiss the suit, leading to the recent settlement. >>> san jose's homicide total ticked higher. officials tries to figure out who attacked and killed a woman in her apartment this morning. ktvu spoke with shocked neighbors about who might be involved. >> reporter: the creek view in, filled mainly with people who have known each other for years. neighbors were stunned, when someone called the san jose fire department, to say one of the residents, a 62-year-old woman, who lived here alone, seemed to be in distress. >> she was laying on floor and they were doing cpr. her stomach was very extended. when they brought her out to the emergency vehicle, they were still doing cpr. >> reporter: they later confirmed, she had been assaulted, but not stabbed. >> we don't have any suspect information. >> reporter: neighbors say they believe they do. the victim had someone staying with her this past week, but had left abruptly. >> this was a person
back in cement, a federal jury determined police had not acted in self-defense. a judge later overturned that verdict, but did not dismiss the suit, leading to the recent settlement. >>> san jose's homicide total ticked higher. officials tries to figure out who attacked and killed a woman in her apartment this morning. ktvu spoke with shocked neighbors about who might be involved. >> reporter: the creek view in, filled mainly with people who have known each other for years....
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Jul 25, 2013
07/13
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geico's defensive driver,ke 13. good student and multi-policy discounts could save you hundreds of dollus. engineer: uh geico's discounts could save you hundreds of "doll-ars." it sounds like you're saying "dollus." dollus. engineeif you could accentuate the "r" sound of "dollars." are...are... are... engineer: are... arrrrrr. arrrrr. someone bring me an eye patch, i feel like a bloomin' pirate. geico. fifteen minutes could save you fifteen percent or more on car insurance. honestly, i feel like i nailed that. >>> if you are just joining us this morning the big news of the day, the u.s. has filed an indictment against sac capital advisers for wire fraud and securities fraud alleging institutional practices that encourage the widespread solicitation and use of illegal inside information. the indictment goes into various ways that s.e.c. did this. >> it is almost, carl, as if the government is saying that they set it ip so that you could not investigate the company. and steve cohen was never supposed to know what you
geico's defensive driver,ke 13. good student and multi-policy discounts could save you hundreds of dollus. engineer: uh geico's discounts could save you hundreds of "doll-ars." it sounds like you're saying "dollus." dollus. engineeif you could accentuate the "r" sound of "dollars." are...are... are... engineer: are... arrrrrr. arrrrr. someone bring me an eye patch, i feel like a bloomin' pirate. geico. fifteen minutes could save you fifteen percent or...
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Jul 25, 2013
07/13
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however despite it failing, the overall nearly $600 million defense spending bill did pass. >>> four f-16 fighter jets will not be heading to egypt yet. the pentagon is delaying it as the administration continues after they overthrew president morsi. >>> pope francis, today, meets the poor in rio de janeiro. police are expected to be out in force during this visit. 20% of rio's residents live there. the pope is said to have specifically asked to see one in person during this trip to brazil. >>> tropical storm dorey is the fourth named storm. forecasters are keeping a close watch on it. indra petersons is one of the forecasters. what is the storm headed our way? >> good morning. it's interesting because it's early in the season. there are a lot of things to inhibit its growth. it's a strong, tropical storm. it is trying so hard to hold together. winds moving at 16 miles per hour. it's moving quickly to the west/northwest at 17 miles per hour. let's talk about what is ahead of it in its path. all of this dry air. we are watching all of this. anything up here could weaken the system. th
however despite it failing, the overall nearly $600 million defense spending bill did pass. >>> four f-16 fighter jets will not be heading to egypt yet. the pentagon is delaying it as the administration continues after they overthrew president morsi. >>> pope francis, today, meets the poor in rio de janeiro. police are expected to be out in force during this visit. 20% of rio's residents live there. the pope is said to have specifically asked to see one in person during this...
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Jul 25, 2013
07/13
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closing arguments by the prosecution and defense teams will be delivered this morning. manning is accused of giving hundreds of thousands of classified documents to the anti-secrecy group wikileaks. >>> also new this morning, apple warning its chinese customers not to use knock-off parts. >> scott mcgrew, at least two people shocked by fake apple chargers. >> at least one of them, a 23-year-old flight attendant died. apple posted detailed pictures of its official chargers on the chinese version of its website this morning showing close-up detail of the chargers so you know real from fake. fake products are a huge problem in in in china. we're pretty much wrapped up on the big tech companies reporting profits. they all had something in common. google, ebay, yahoo, even apple to some degree let investors down with a year-over-year decline from apple. when executives from facebook got on the phone on wednesday, they said things were going swim inningly, especially welcome news that mobile is strong. facebook may have finally figured out mobile. shares that were much higher
closing arguments by the prosecution and defense teams will be delivered this morning. manning is accused of giving hundreds of thousands of classified documents to the anti-secrecy group wikileaks. >>> also new this morning, apple warning its chinese customers not to use knock-off parts. >> scott mcgrew, at least two people shocked by fake apple chargers. >> at least one of them, a 23-year-old flight attendant died. apple posted detailed pictures of its official chargers...
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Jul 25, 2013
07/13
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the fact is that this particular line was drawn 200 years ago, actually in 1736 so you know, in their defense, back then the technology was not in a position to estimate exactly or to guess exactly where the line should be, and they have a let's call it a don't ask, don't tell policy if a tourist is not going to ask him, doesn't ask if that's the real line, they don't say anything but if the tourists ask and we knew that and we asked, they said they don't hide it. they say it's not exactly that and it's only about 200 meters away, 650 feet, so when you think about the size of the earth, it's not too bad. >> what do you work for the ecuadorian tourist authority? >> do they take pictures at the same spot? >> it's just a street. there's nothing there, although they have plans in the future to build a mile high they say tower that is going to be located precisely where the line should be. >> but do we believe them? it's those french, blame the french. >> they have gps now so. they should have no excuse. >> rafael -- see you can't say you're not informed on this show, can you? >> the real deal. >>
the fact is that this particular line was drawn 200 years ago, actually in 1736 so you know, in their defense, back then the technology was not in a position to estimate exactly or to guess exactly where the line should be, and they have a let's call it a don't ask, don't tell policy if a tourist is not going to ask him, doesn't ask if that's the real line, they don't say anything but if the tourists ask and we knew that and we asked, they said they don't hide it. they say it's not exactly that...
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Jul 25, 2013
07/13
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when rick was talking about the core capital expenditures, excluding aircraft and defense the number is decent, but it's not the extra impetus that you need to see in order to see a bigger peck up in business investment. right now, it looks like business investment is running in the low single digits at the end of q 2, heading into q3. it will be more difficult to achieve that high end of the forecast which is 3, 3.5% going into 2014 with business investment growing 5 to 8%. >> are the numbers today suggestive of the second quarter should be revised up a little bit? i had an average of below 1%. >> for us, according to our estimate the slowdown in consumer spending and business investments seems to have picked up actually a little bit if q2. we are seeing something around 1.2 right now. >> what about the claims number? 343, this level, what does that tell you about jobs and what we might get next friday? >> well, we had stand, our view right now, job growth will remain between 175 and 200. claims number to me suggests we are probably close to the consensus around 180 right now. >> an
when rick was talking about the core capital expenditures, excluding aircraft and defense the number is decent, but it's not the extra impetus that you need to see in order to see a bigger peck up in business investment. right now, it looks like business investment is running in the low single digits at the end of q 2, heading into q3. it will be more difficult to achieve that high end of the forecast which is 3, 3.5% going into 2014 with business investment growing 5 to 8%. >> are the...
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Jul 25, 2013
07/13
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against an amendment to the defense bill. opponents of the amendment said that the surveillance program is intended to keep america safe from terrorism. supporters say it's an invasion of privacy. >> rein in government invasion, no more dragnet operations. get a specific warrant based on probable cause or stay out of our lives! >> if it passed, the nsa would have been required to identify specific targets before collecting data. >>> the man who leaked information about the nsa surveillance program remains in a holding pattern inside this moscow airport today. edward snowden's lawyer said russian immigration authorities are still reviewing his request for asylum. the obama administration is again telling russia, snowden should be returned to the u.s. to face spying charges. >>> o.j. simpson will be back inside a courtroom today fighting for his freedom. he is looking to get out of a nevada prison where he has been serving time for kidnapping and armed robbery. he was convicted in 2008 for robbing two sports memorabilia dealers
against an amendment to the defense bill. opponents of the amendment said that the surveillance program is intended to keep america safe from terrorism. supporters say it's an invasion of privacy. >> rein in government invasion, no more dragnet operations. get a specific warrant based on probable cause or stay out of our lives! >> if it passed, the nsa would have been required to identify specific targets before collecting data. >>> the man who leaked information about the...
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Jul 25, 2013
07/13
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but the white house was extremely defensive and critical on the i.r.s. stuff. which i must say not bragging here but i said from the beginning was a phony scandal. because the i.r.s. a was doing its job and they were looking at other groups. the white house has accepted that fact. >> the white house' actions would suggest they didn't think it was a phony scandal because they immediately got rid of some of the people at the top of the i.r.s. and they put someone they trusted in charge. they announced there would be a top to bottom investigation. i think that's happening but what's happened through that investigation is the waters have been muddied a little bit. we've learned that maybe the i.r.s. wasn't just targeting tea party and conservative groups. maybe they were also targeting liberal groups, targeting groups that don't have a real clear political view one way or the other. there are some pro israel groups that got second looks. so you're starting to see hmm maybe the i.r.s. was look at a lot of people who were applying for tax-exempt status in a more subs
but the white house was extremely defensive and critical on the i.r.s. stuff. which i must say not bragging here but i said from the beginning was a phony scandal. because the i.r.s. a was doing its job and they were looking at other groups. the white house has accepted that fact. >> the white house' actions would suggest they didn't think it was a phony scandal because they immediately got rid of some of the people at the top of the i.r.s. and they put someone they trusted in charge....